International Master in Finance

The International Master in Finance gives participants "professional competitive advantage" by focusing on mastery of specific business tools and techniques, development of interpersonal competencies and acquiring a global vision of the company and its strategic position in the business environment.

Management Foundations

Strategic Management

To understand how a company works and how it makes decisions we must address the most basic questions in Management: What does management mean? What does a manager do? How does the decision-making process work in a company?

Professional Development

Skills are developed to coordinate and to manage people in an organization and to participate in a work team. This part of the module will be carried out at the Residential Training Centre in Collbató.

International Week

International Economy

Participants cover social, political and economic matters that affect the day to day running of the company's activities which demand key management decisions of crucial importance to the organization.

Specialization

Financial Accounting

Starting out from the basic concepts of accountancy, applications of international standards are studied, establishing the effects on financial statements, the balance sheet and the profit and loss account.

Business Analysis

Participants acquire the ability to draw up diagnoses and recommendations on the basis of analysis of the annual accounts. Factors such as profitability, indebtedness and liquidity are studied in depth in order to back up the recommendations made.

Financial Mathematics

To master the concept of interest rates and discounting together with the calculations involved in the evaluation of cash flows. To enable the student to make use of statistical techniques in the analysis of data and use these results in the financial decision making process.

Foreign Exchange and Money Markets

The course will provide the student with a strong fundamental understanding of the workings of the foreign exchange and short-term interest rate markets. There will be a strong emphasis on pricing financial instruments, how they are traded, and how financial managers use them to manage risk.

Financial Strategy

Since financial viability is difficult to achieve, this course explores the different strategies for decision making within the financial area. The course will focus on policy implementation using techniques acquired in previous courses.

Corporate Finance

Participants acquire the ability to choose appropriate capital budgeting techniques by identifying relevant cash flows, costs and salvage values. Emphasis is given to determining the optimum capital structure of the firm and applying corporate valuation techniques to identify estimated market values and intrinsic values of the firm.

Capital Markets I

This course explores the world of fixed income securities. Emphasis is on the bond markets, how the securities are priced, how they are issued and how they are subsequently traded in the secondary market. Trading strategies are developed to take advantage of duration and convexity.

International Finance

Multinational corporations increasingly face international financial challenges and opportunities. This course examines some of the financial products available for managing these challenges and uses case studies to demonstrate how they are used to reduce risk or take advantage of arbitrage opportunities.

Capital Markets II

The aim of this course is to provide the participant with a strong fundamental understanding of equity markets and the main types of securities traded in them. Fundamental and technical analysis is explained together with trading strategies.

Risk Management

Managing risk has become one of the most important financial areas for both financial institutions and large corporations. This course describes in detail how to identify, measure and manage risk. Value at Risk will be discussed in detail and the importance of Basel II will be explained.

Mergers & Acquisitions

This course starts by providing a global view of M&A activity before providing specific tools needed to take effective and responsible decisions. Participants learn how to identify, screen, select and value M&A candidates.

Private Finance

Private Finance has become increasingly important in the funding of M&A and LBO´s. In addition Hedge funds, private equity and venture capital all play major roles in the financial markets. This course explains the importance of private equity, how the market has developed, the compensation and rewards driving the industry, and how it creates value.

Derivatives

An understanding of derivatives and derivative markets is essential for all those wishing to enter the world of finance. This course will focus on FX and equity derivatives with emphasis placed on options, volatilities, how various instruments are priced and finally how they are traded.

Final Project

Aims at insuring that participants learn to apply the results of their academic study to real-life management problems and solutions.